MFS Investment Grade Municipal Trust (CXH) To Go Ex-Dividend on January 14th

MFS Investment Grade Municipal Trust (NYSE:CXH) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Shareholders of record on Tuesday, January 14th will be given a dividend of 0.0265 per share on Friday, January 31st. This represents a $0.32 dividend on an annualized basis and a yield of 4.03%. The ex-dividend date of this dividend is Tuesday, January 14th.

MFS Investment Grade Municipal Trust Price Performance

CXH opened at $7.90 on Friday. MFS Investment Grade Municipal Trust has a fifty-two week low of $7.30 and a fifty-two week high of $8.36. The company’s 50 day moving average price is $8.09 and its two-hundred day moving average price is $8.08.

MFS Investment Grade Municipal Trust Company Profile

MFS Investment Grade Municipal is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index.